Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indonesian (IDX) Steel Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies8
  • 7D5.5%
  • 3M43.0%
  • 1Y89.9%
  • YTDn/a

In the last week, the Steel industry is up 10%, with Alamtri Minerals Indonesia up 6.5%. In the last 12 months, the industry was up 93%. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026Rp97.8tRp48.0tRp6.0t11.7x16.2x2x
Sat, 13 Dec 2025Rp73.0tRp47.5tRp6.0t10.9x12.2x1.5x
Mon, 10 Nov 2025Rp72.0tRp47.6tRp6.0t10.4x12x1.5x
Wed, 08 Oct 2025Rp60.3tRp47.4tRp2.5t16.4x23.8x1.3x
Fri, 05 Sep 2025Rp55.8tRp48.6tRp3.5t11.6x16.1x1.1x
Sun, 03 Aug 2025Rp55.4tRp44.8tRp3.8t11.6x14.8x1.2x
Tue, 01 Jul 2025Rp49.2tRp44.2tRp4.1t10.7x12.1x1.1x
Thu, 29 May 2025Rp48.7tRp44.4tRp4.1t11.4x11.9x1.1x
Sat, 26 Apr 2025Rp47.2tRp52.0tRp4.0t6.7x11.8x0.9x
Mon, 24 Mar 2025Rp46.5tRp53.0tRp4.2t7.1x11.2x0.9x
Wed, 19 Feb 2025Rp43.5tRp55.8tRp6.0t4.1x7.3x0.8x
Fri, 17 Jan 2025Rp52.1tRp56.1tRp6.0t5x8.7x0.9x
Sun, 15 Dec 2024Rp60.4tRp55.1tRp5.8t6.1x10.3x1.1x
Tue, 12 Nov 2024Rp65.6tRp54.2tRp5.8t6.7x11.4x1.2x
Thu, 10 Oct 2024Rp75.3tRp56.2tRp7.0t7x10.7x1.3x
Sat, 07 Sep 2024Rp67.5tRp55.5tRp6.9t6.4x9.8x1.2x
Mon, 05 Aug 2024Rp68.9tRp56.2tRp6.4t6.8x10.8x1.2x
Wed, 03 Jul 2024Rp68.7tRp65.5tRp7.0t6.9x9.9x1x
Fri, 31 May 2024Rp72.4tRp68.4tRp7.1t6.9x10.2x1.1x
Sun, 28 Apr 2024Rp66.2tRp69.0tRp6.5t7.5x10.2x1x
Tue, 26 Mar 2024Rp66.9tRp67.5tRp6.3t7.6x10.6x1x
Thu, 22 Feb 2024Rp71.3tRp65.6tRp3.8t9.9x18.7x1.1x
Sat, 20 Jan 2024Rp66.0tRp65.8tRp3.8t11.4x17.3x1x
Mon, 18 Dec 2023Rp70.7tRp65.6tRp3.8t11.3x18.6x1.1x
Wed, 15 Nov 2023Rp62.1tRp71.5tRp4.6t8.9x13.4x0.9x
Fri, 13 Oct 2023Rp63.6tRp71.0tRp4.5t9.3x14.2x0.9x
Sun, 10 Sep 2023Rp71.3tRp69.7tRp4.4t10x16.2x1x
Tue, 08 Aug 2023Rp55.4tRp70.5tRp5.0t8.1x11.1x0.8x
Thu, 06 Jul 2023Rp54.7tRp75.8tRp6.0t8.6x9.1x0.7x
Sat, 03 Jun 2023Rp45.6tRp77.0tRp7.5t6.4x6.1x0.6x
Mon, 01 May 2023Rp61.1tRp76.2tRp7.6t6.3x8.1x0.8x
Wed, 29 Mar 2023Rp66.0tRp78.0tRp7.7t6.2x8.6x0.8x
Fri, 24 Feb 2023Rp74.4tRp78.5tRp8.8t7.2x8.4x0.9x
Sun, 22 Jan 2023Rp89.6tRp77.9tRp8.8t9.7x10.2x1.2x
Price to Earnings Ratio

10.2x


Total Market Cap: Rp89.6tTotal Earnings: Rp8.8tTotal Revenue: Rp77.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 11.9x202420252026
Current Industry PE
  • Investors are optimistic on the Indonesian Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.4x which is higher than its 3-year average PE of 11.9x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 12% per year over the last three years,
  • Revenues have also declined 15% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market0.50%
Materials-0.62%
Metals and Mining3.95%
Steel5.52%
Gold7.87%
Diversified Metals and Mining4.67%
Aluminum4.38%
Copper1.25%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADMR Alamtri Minerals IndonesiaRp1.98k15.8%
+Rp11.0t		88.6%PE15.6x
GGRP Gunung Raja PaksiRp344.003.6%
+Rp145.3b		43.3%PS1.1x
KRAS Krakatau Steel (Persero)Rp362.001.1%
+Rp77.4b		223.2%PE7.9x
NIKL Pelat Timah NusantaraRp424.001.0%
+Rp10.1b		78.2%PE49.3x

Latest News

ADMR
Rp1,980.00
Alamtri Minerals Indonesia
7D
15.8%
1Y
88.6%
NIKL
Rp424.00
Pelat Timah Nusantara
7D
1.0%
1Y
78.2%
GGRP
Rp344.00
Gunung Raja Paksi
7D
3.6%
1Y
43.3%
GDST
Rp127.00
Gunawan Dianjaya Steel
7D
-4.5%
1Y
36.6%
KRAS
Rp362.00
Krakatau Steel (Persero)
7D
1.1%
1Y
223.2%
BAJA
Rp167.00
Saranacentral Bajatama
7D
-0.6%
1Y
79.6%
BTON
Rp384.00
Betonjaya Manunggal
7D
-1.0%
1Y
-10.7%
ISSP
Rp446.00
Steel Pipe Industry of Indonesia
7D
-2.2%
1Y
66.4%